Matrix transfers banking facility from BBVA Compass Bank to Texas Capital Bank

Santa Barbara, CA

Matrix announced today the completion of arrangements to transfer it’s current $50 Million Dollar Master Note banking and credit facility aspects from Guaranty Bank, now BBVA Compass Bank, to Texas Capital Bank in Houston, Texas. Matrix is pleased to be able to move the banking needs relative to primary term loans and credit revolver to a strong and capable institution that specializes in lending to small and medium sized companies. Matrix will be working with several at the bank but will concentrate its program with Mr. Jeff Treadway, Vice-President in Energy Lending and the Director of Energy Lending, Mr. Jonathan Gregory.